World Bank top official to visit Tanzania

The Managing Director and Chief Operating Officer for the World Bank, Sri Mulyani Indrawati, will visit Tanzania from September 11 to 14, the bank said on Tuesday.

In a statement issued in the commercial capital Dar es Salaam, the World Bank said during her visit, Indrawati will hold high level discussions with Tanzanian President Jakaya Kikwete and Ali Mohammed Shein, President of Tanzania's semi-autonomous region Zanzibar, Prime Minister Mizengo Pinda, and other top government officials.

"She will also have meetings with representatives of the private sector, civil society, academia and the media, and she will visit projects financed by the World Bank Group," said the statement.

It will be her first official visit to Tanzania since she was appointed the Bank's Managing Director and Chief Operating Officer in June 2010.

The World Bank's current commitment to the government of Tanzania amounts to 3 billion U.S. dollars for 23 projects in different sectors, with transport, energy, urban services, education and agriculture taking the lion's share.

Tanzania also benefits from an additional 221 million dollars in World Bank financing for six regional and multi-country projects.

"Tanzania has maintained a strong growth rate over the past decade, in addition to making significant strides in addressing key development needs, for example, in transport infrastructure," said Philippe Dongier, the bank's Country Director for Tanzania, Burundi and Uganda.

He added that the challenge is to make growth more inclusive and accelerate reduction of poverty.

Before her appointment to her senior leadership role at the World Bank, Indrawati was the minister of Finance for Indonesia, one of Asia's largest economies.

Prior to that, she was the minister for the Indonesian National Development Planning Agency during which she coordinated government and international reconstruction efforts following the devastating 2004 tsunami.

Xinhua: World Bank top official to visit Tanzania